AXIS BANK LTD
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Parallel Channel

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Price is forming down sloping channel and it has already retested the upper channel so there is a good structure for shorting the stock. One can short at current level with SL of 546 for the target of 495.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
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Candlestick AnalysisParallel ChannelSupply and Demand

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